RBI issues new guidelines on granting microfinance loans

Kimberly Alley March 23, 2022 Accounts Comments Off on RBI issues new guidelines on granting microfinance loans 8 Views

The RBI is lifting the cap on interest rates on microfinance loans, but says it will continue to check that lenders are not charging “usurious” rates.

Access today

Sign up for a 2 week free trial and get instant, unrestricted, unrestricted access to Regulation Asia.

FREE TRY

Already taken your free trial? Contact our team and inquire about a subscription today. To select subscribe below to see our subscription packages or you can email us at [email protected] to discuss your options.

Subscribe

Related posts:

  1. Launch of ‘Oracle Loan’ – Splash247
  2. Share of at-risk borrowers in car loans and rental slips
  3. Hemogenyx Pharmaceuticals PLC Announces Sale and Conversion of Loan Notes; Installation complete
  4. Nevada man pleads guilty to campaign fundraising scam and deceiving taxpayers short of loan funds into paycheck protection | USAO-DC

About Kimberly Alley

Check Also

May 2, 2022 – Lending Rates Rise – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not …